Halter AG realizes the VIVO Aesch project
Halter AG is realizing the VIVO Aesch project as a project developer and overall provider. A new development with residential, commercial and commercial uses is to be built on the northern edge of the municipality of Aesch BL by 2024.
The Halter AG construction group is teaming up with the UBS Sima real estate fund as an investor and future builder to implement the VIVO Aesch project. According to the press release , the legally binding building permit for a new development with residential, commercial and commercial use at the northern entrance to the municipality of Aesch is available. The 15,188 square meter area was used by the previous landowner Victus Real Estate AG as a material storage and transshipment point.
The new mixed-use development is to be built by 2024, with around 85 percent of the main area being intended for residential use. According to a press release, after the development phase was completed in July, Halter AG was able to win an investor in Balintra for VIVO Aesch. Balintra AG in Basel is a real estate company owned by the UBS Sima real estate fund.
The new property owner will transfer the project with an investment volume of around 150 million Swiss francs as builder together with Halter as developer and overall provider into the first construction phase from this autumn.
According to Halter, the project comprises four building units. The 40 meter high VIVOTower at the motorway turn marks the entrance to the municipality of Aesch. On the lower floors, the tower offers space for commercial use and the TowerCafe. In addition, 36 apartments and 80 rental apartments are planned.
The VIVOHof is another building with mixed use, with areas for small businesses and 36 rental apartments on the upper floors. The VIVOKamm comprises 57 rental apartments with south-facing terraces as well as a common room with access to the neighborhood square. VIVOQube offers a further 55 rental apartments on six floors, mostly maisonette apartments.
According to Halter AG, the start of marketing for the commercial space is in spring 2022, and for the apartments in spring 2023. Completion is planned for the third quarter of 2024.